P/E ratio for Casey's General Stores (CASY)
P/E ratio as of May 2024 (TTM): 25.5
According to Casey's General Stores 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 25.4895. At the end of 2022 the company had a P/E ratio of 20.2.
P/E ratio history for Casey's General Stores from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 20.2 | -18.49% |
| 2021 | 24.7 | 22.95% |
| 2020 | 20.1 | -19.28% |
| 2019 | 24.9 | 82.61% |
| 2018 | 13.6 | -49.77% |
| 2017 | 27.2 | 22.5% |
| 2016 | 22.2 | 4.77% |
| 2015 | 21.2 | -17.73% |
| 2014 | 25.7 | 26.01% |
| 2013 | 20.4 | 12.68% |
| 2012 | 18.1 | 4.49% |
| 2011 | 17.3 | -18% |
| 2010 | 21.1 | 40.51% |
| 2009 | 15.1 | 9.73% |
| 2008 | 13.7 | -21.71% |
| 2007 | 17.5 | -23.37% |
| 2006 | 22.9 | -3.2% |
| 2005 | 23.6 | -11.51% |
| 2004 | 26.7 | 31.49% |
| 2003 | 20.3 | -0.25% |
| 2002 | 20.4 | -8.49% |
| 2001 | 22.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Kroger KR | 24.6 | -3.51% | 🇺🇸 USA |
 TravelCenters of America TA | 9.03 | -64.56% | 🇺🇸 USA |
 Ingles Markets IMKTA | 5.92 | -76.79% | 🇺🇸 USA |
 Weis Markets
WMK | 14.6 | -42.68% | 🇺🇸 USA |
 Murphy USA
MUSA | 16.4 | -35.61% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.